Estimation & Costing Manager

Description

• Review customer change requests and support re-costing exercises as required.
• Collaborate with the sales team during techno-commercial discussions and customer negotiations.
• Lead coordination with production, quality, purchase, and tool room teams to gather accurate operational inputs.
• Support ERP/MRP integration for automated costing workflows.
• Evaluate raw material requirements, utilization, scrap allowance, and buy sizes, ensuring optimal material costing.
• Approve cycle-time estimates, tooling requirements, die/tool costs (for stamping), and fixture and jig requirements.
• Engage with customers to clarify RFQs, address technical queries, and align cost assumptions with requirements.
• Maintain, monitor, and periodically update a comprehensive cost database for materials, tooling, machine rates, and overheads.
• Provide expert-level interpretation of GD&T, tolerances, surface finishes, CTQs, and manufacturability constraints.
• Validate and release quotation documents, including cost breakdowns, margins, and commercial assumptions.
• Guide and mentor the costing team in technical interpretation, estimation techniques, and process development.
• Provide DFM (Design for Manufacturability) recommendations to enhance manufacturability and reduce cost.
• Ensure timely submission of cost estimates and quotations within defined lead times.
• Oversee preparation of detailed cost sheets for CNC machining (turning, milling, drilling) and sheet metal stamping operations.
• Drive continuous improvement in estimation accuracy through data-driven analysis and benchmarking.
• Standardize costing methodologies, templates, and estimation tools for consistency across RFQs.
• Lead the review and analysis of customer RFQs, engineering drawings (2D/3D), 3D models, and technical specifications to determine manufacturing feasibility.

Requirements

Education: BE/BTech in Mechanical / Manufacturing Engineering

Additional Skills (Preferred)

Sheet metal stamping OR

We are seeking a highly experienced Manager – Estimation & Costing to lead the costing function for aerospace and automotive machining and sheet-metal stamping projects. The manager will oversee the evaluation of customer RFQs, guide the preparation of accurate cost models, and ensure competitive and profitable quotations. This leadership role requires strong technical expertise, exposure to CNC and fabrication environments, and the ability to drive standardization, efficiency, and cross-functional collaboration.

Experience: 8 to 15 years

• High proficiency in MS Excel; exposure to CAM software (Mastercam, SolidCAM, etc.) preferred.
• Strong expertise in interpreting engineering drawings and GD&T.
• Diploma / BE / BTech in Mechanical or Manufacturing Engineering.
• Solid understanding of stamping processes including die types, tonnage calculations, strip layout, and process flow.
• Strong communication, documentation, and customer interaction skills.
• Exposure to AS9100 or IATF 16949 quality management environments.
• 5–10+ years of experience in:
• Proven experience preparing and validating detailed cost sheets, cost models, and customer quotations.
• Ability to provide DFM inputs and optimize product cost.
• Strong analytical, leadership, and problem-solving skills.
• Good understanding of materials (aluminum, steels, stainless steel, alloys).
• Experience working with ERP/MRP costing modules.
• In-depth knowledge of machining operations, tool selection, feeds/speeds, cycle-time estimation, and process planning.

Benefits

CNC machining shops OR

Training + Development

Interview process

Visa Sponsorship

Security clearance